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Monday, November 12, 2012 - 2:06 PM
How Our National Debt Hurts Our Economy (And Savers)
From MoneyWatch
Perhaps the biggest finding is that high levels of public debt have been associated with lower growth.So it might not be high inflation that will hurt savers the most, but it may be a weak economy that never ends along with a Fed that keeps thinking lower rates will help the economy.
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Another issue is that these episodes tended to last a long time. The average duration was 23 years
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